Used Vehicles

Hire Purchase (HP) representative example

Based on a cash price of €23,950 with a €8,383 deposit total, borrowing €15,568 at a representative APR of 9.40% and the following:

• 58 monthly payments of: €320.89
• Final payment: €395.89
• Cash price: €23,950.00
• Customer deposit: €8,382.50
• Total deposit: €8,382.50
• Amount of credit: €15,567.50
• Total amount payable: €27,785.90
• Option to purchase fee: €75.00
• Documentation fee: €75.00
• Rate of interest: 8.70%
• APR: 9.40%